Quantbot Technologies LP Takes $356,000 Position in Coursera, Inc. $COUR

Key Points

• Quantbot Technologies LP has acquired a new stake in Coursera, Inc., purchasing 53,447 shares valued at approximately $356,000.
• Following recent transactions, 89.55% of Coursera's stock is owned by institutional investors, highlighting significant interest from large financial entities.
• Analyst ratings for Coursera are mixed, with recommendations ranging from "strong-buy" to "sell," and a consensus price target of $11.40.

Quantbot Technologies LP bought a new stake in Coursera, Inc. (NYSE:COUR - Free Report) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 53,447 shares of the company's stock, valued at approximately $356,000.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Vanguard Group Inc. raised its holdings in shares of Coursera by 1.3% in the first quarter. Vanguard Group Inc. now owns 12,306,979 shares of the company's stock valued at $81,964,000 after buying an additional 159,820 shares during the last quarter. Deutsche Bank AG lifted its stake in shares of Coursera by 7.7% in the 1st quarter. Deutsche Bank AG now owns 1,986,750 shares of the company's stock worth $13,232,000 after acquiring an additional 141,745 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Coursera by 0.9% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,662,492 shares of the company's stock worth $14,131,000 after acquiring an additional 14,873 shares during the period. Ameriprise Financial Inc. lifted its stake in shares of Coursera by 253.1% in the 4th quarter. Ameriprise Financial Inc. now owns 1,424,354 shares of the company's stock worth $12,107,000 after acquiring an additional 1,020,969 shares during the period. Finally, Northern Trust Corp lifted its stake in shares of Coursera by 12.7% in the 4th quarter. Northern Trust Corp now owns 1,280,107 shares of the company's stock worth $10,881,000 after acquiring an additional 144,577 shares during the period. 89.55% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

COUR has been the subject of several recent analyst reports. Zacks Research cut shares of Coursera from a "strong-buy" rating to a "hold" rating in a research note on Monday, August 18th. Wall Street Zen upgraded shares of Coursera from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Morgan Stanley raised their price objective on shares of Coursera from $11.00 to $12.00 and gave the company an "equal weight" rating in a research note on Friday, July 25th. Bank of America upgraded shares of Coursera from an "underperform" rating to a "neutral" rating and raised their price objective for the company from $7.00 to $12.00 in a research note on Friday, July 25th. Finally, Royal Bank Of Canada raised their price objective on shares of Coursera from $10.00 to $13.00 and gave the company an "outperform" rating in a research note on Friday, July 25th. Seven investment analysts have rated the stock with a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $11.40.

Insider Activity

In other Coursera news, CAO Michele M. Meyers sold 12,500 shares of the firm's stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $11.60, for a total transaction of $145,000.00. Following the completion of the transaction, the chief accounting officer directly owned 253,351 shares in the company, valued at approximately $2,938,871.60. This trade represents a 4.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CFO Kenneth R. Hahn sold 75,000 shares of the firm's stock in a transaction dated Thursday, August 14th. The shares were sold at an average price of $11.87, for a total transaction of $890,250.00. Following the transaction, the chief financial officer owned 1,075,853 shares of the company's stock, valued at $12,770,375.11. This trade represents a 6.52% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 115,000 shares of company stock valued at $1,363,100 over the last 90 days. 16.80% of the stock is currently owned by insiders.

Coursera Stock Down 0.3%

Shares of NYSE COUR opened at $11.11 on Wednesday. The firm has a 50-day moving average price of $10.12 and a 200 day moving average price of $8.66. Coursera, Inc. has a 52 week low of $5.76 and a 52 week high of $13.56. The stock has a market capitalization of $1.79 billion, a price-to-earnings ratio of -33.67 and a beta of 1.40.

Coursera (NYSE:COUR - Get Free Report) last posted its earnings results on Thursday, July 24th. The company reported $0.12 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.03. Coursera had a negative net margin of 7.05% and a negative return on equity of 5.16%. The firm had revenue of $187.10 million during the quarter, compared to the consensus estimate of $180.52 million. During the same period last year, the firm posted $0.09 EPS. The firm's revenue for the quarter was up 9.9% on a year-over-year basis. Coursera has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. Equities research analysts expect that Coursera, Inc. will post -0.28 EPS for the current fiscal year.

About Coursera

Coursera, Inc operates an online educational content platform in the United States, Europe, Africa, the Asia Pacific, the Middle East, and internationally. It operates in three segments: Consumer, Enterprise, and Degrees. The company offers guided projects, courses, and specializations, as well as online degrees; and certificates for entry-level professional, non-entry level professional, university, and MasterTrack.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.